Headwaters MB advised EPM Mining Ventures Inc. (“EPM”), a development stage mining company focused on specialty fertilizers, in closing an CAD $85 million combined pre-production and development equity private placement with EMR Capital Resources Fund. Investment proceeds will be used to accelerate the development of the Company’s sulphate potash project at the Sevier Lake Playa in Utah. 

“Headwaters exceeded our most optimistic expectations," said Lance D’Ambrosio, Chief Executive Officer of EPM. "They structured and negotiated the term sheet with EMR Capital for a highly unusual, combined pre-production and development equity finance package.“  

Headwaters Managing Director Ricardo Campoy added, "In the context of the prevailing lackluster capital markets for resource companies, this financing affirms that world-class minerals assets with competitive economics, still have access to capital.” 

For more information on this transaction, click here

About EPM Mining Ventures

EPM is an exploration-stage company focused on specialty fertilizers. Through Peak Minerals Inc., its indirect wholly-owned subsidiary, EPM controls directly or through agreement mineral leases on more than 124,000 acres on its Sevier Lake Playa property in Millard County, Utah. With a brine resource known to contain potassium, magnesium, sulphate, lithium, and a suite of other beneficial minerals, EPM is targeting the development and production of specialty fertilizers, including SOP, through the use of a cost-effective solar evaporation process. SOP and other specialty fertilizers are used in the production of high value, chloride-sensitive crops such as fruits, vegetables, and tree nuts. With the recent completion of a Preliminary Feasibility Study, the Company is currently engaged in engineering and analysis designed to support a feasibility study, environmental permitting, and ultimately mineral production. For more information, visit www.epmmining.com.  

About EMR Capital

EMR Capital is a private equity firm specializing in investments in in listed and unlisted resource companies with iron ore, coal, copper or gold projects and mining at various stages of development. The firm focuses on investments globally. It seeks to invest less that $15 million. EMR Capital was founded in 2011 and is based in Melbourne, Australia with additional offices in Sydney, Australia and Grand Cayman, Cayman Island. For more information, visitwww.emrcapital.com